A reconciliation index for delayed household debt in imperfect competition markets

This study examines how the delays in household debt relationships can be managed in terms of social and economic justice. To achieve this goal, a new measurement tool, the "Reconciliation Index," has been developed. The content of the index was created based on the opinions of 26 experts and includes the following internal factors: (Consumer Price Index, Deflator, Minimum Wage Increase, Housing Price Index) and External Factors: (Price of Gold (per gram), Real Effective Exchange Rate, Oil Prices). Thus, the index provides a normative framework aimed at ethical consensus and a fair balance between the parties. The Reconciliation Index is based not only on economic indicators but also on social policy principles, including social consensus, consumer rights, and fairness in income distribution. In this respect, the study offers a new approach that considers the ethical, moral, and social dimensions of debt relations, contributing to the strengthening of social integration and economic security. The Reconciliation Index's adaptability to different countries' conditions enables the study to be pioneering in this respect.